
Proteus Space
Proteus Space manufactures space flight proven, highly differentiated Electric Propulsion Systems (EPS) and related national security technologies.
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- | investor investor investor investor | €0.0 | round |
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* | $6.1m | Seed | |
Total Funding | 000k |
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Proteus Space, Inc. is a U.S.-owned company specializing in the development and manufacturing of Electric Propulsion Systems (EPS) for space flight, orbit, and planetary exploration. The company serves a niche market that includes government agencies, particularly the U.S. Government, and other entities involved in national security and space exploration. Proteus Space is the sole authorized licensor to the U.S. Government for field emission propulsion technologies developed by the German company Morpheus Space.
The company's primary product offerings include highly differentiated EPS and related propulsion systems designed for various space applications. These systems are known for their technical robustness and compact design, making them suitable for small satellites (CubeSats) and larger spacecraft. Proteus Space's propulsion systems have been proven in space flight, with notable achievements such as the first successful 1U CubeSat collision avoidance event in June 2020.
Proteus Space operates in the aerospace and defense market, focusing on providing advanced propulsion solutions that enhance the mobility and operational capabilities of satellites and other space assets. The company's business model revolves around manufacturing and licensing its proprietary technologies. Revenue is generated through the sale of EPS units and licensing agreements with government and commercial clients.
The leadership team includes Co-Founder and CTO Andrew Shapiro, Ph.D., and Co-Founder and Chairman David Kervin. The company also benefits from the expertise of advisors like Van Espahbodi from Starburst Aerospace and Daniel Bock from Morpheus Space. The Board of Directors includes industry veterans such as Steve Smoot from Lavrock Ventures.
Proteus Space's propulsion systems are scalable and adaptable to various satellite sizes, including 3U, 6U, and 12U configurations. The company's technology is designed to meet the demanding requirements of low Earth orbit missions and beyond, offering a range of thrust, specific impulse, and power options.
Keywords: Electric Propulsion Systems, Space Flight, CubeSat, National Security, U.S. Government, Morpheus Space, Satellite Mobility, Aerospace, Defense, Licensing.